32
Map
196 Massasoit St
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | Sold | ||
| Sold | |||
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Listed by Fathom Realty | $299,900 | |
| Listed by Fathom Realty | |||
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | Listed by 1911 F.T.C. Real Estate LLC | $80,000 | |
| Listed by 1911 F.T.C. Real Estate LLC | |||
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Investors! Contractors! Flippers! You've been waiting for this opportunity and didn't know it. THIS IS THEE PROJECT! This property has nothing but potential and is waiting for you to make an end buyer's dreams come true. The Western Division of the Massachusetts Housing Court has authorized the receiver to sell the property. Neither the Court nor the receiver make any representations as to the accuracy of the information contained in this listing. Buyer is advised to conduct their own due diligence in order to satisfy buyer. Buyer will be responsible for obtaining smoke and carbon monoxide detectors. Property to be sold "AS-IS WHERE-IS. Buyer will be required to provide a complete rehabilitation plan and provide proof of funds (cash or financing) to complete the project. Recent appraisal valued the property at $80,000 AS-IS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017